European metropolises in competition for offices: The functional network of cities and real estate market indicators

Smidt, Marc de; Mark, R. van der

doi:10.1007/bf00189025

Cited by 5 publications

(2 citation statements)

References 11 publications

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“…The same has been the case for a long time in The Netherlands, with the Randstad offering too much vacant office space on too many locations, e .g. in Amsterdam (de Smidt and van der Mark, 1991) . As Healy and Baker (1991) indicated, rent levels (prices in sq m per year) differ tremendously in European metropolises .…”

Section: Location Leaders and Amenitiesmentioning

confidence: 98%

“…Indications are high rents or prices, especially of the land, guaranteed increase of value, a spatially limited extent, presence of leading (multi)national firms and high quality of the surrounding environment (Lie and Bongenaar, 1990 ;Van der Mark and de Smidt, 1991) . International management centres do possess one or even more prime locations .…”

Section: Location Leaders and Amenitiesmentioning

confidence: 99%

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The Geographical Formation of International Management Centres in Europe

Bosman

Smidt

1993

Urban Studies

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International management centres are based on production-control functions . Control functions comprise headquarters as bases of operation and beachheads co-ordinating foreign branches and subsidiaries . Bases of operations and beachheads are sustained by advanced business services, financial and real estate services and corporate services . These activities make up an economic formation. Transport, communication facilities, internationally oriented office locations and specific amenities enable the formation to function smoothly . The spatial and social structures of many city regions are strongly affected by the development of these international management centres. Segmentation processes in the housing and labour markets can be related to these formations of management activities.

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Section: Location Leaders and Amenitiesmentioning

confidence: 98%

Section: Location Leaders and Amenitiesmentioning

confidence: 99%

The Geographical Formation of International Management Centres in Europe

Bosman

Smidt

1993

Urban Studies

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A World City Paradox — Firms and the Urban Fabric

Smidt

1992

The GeoJournal Library

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Growth and Decline of European Cities: Changing Positions of Cities in Europe

Meijer¹

1993

Urban Studies

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The paper reviews the various models of the core or cores of Urban Europe. Seeking a causal explanation for regional economic shifts the paper uses data on the location of major corporate headquarters offices. An analysis of the 500 largest companies shows a concentration in London and Paris in 1973 which intensifies in the period 1973-88. This period also sees significant growth in southern Europe although not necessarily in the second (Mediterranean) banana. The most significant losers in 1973-88 were the Ruhr and the Randstad. In terms of the urban hierarchy corporate office growth is strongly concentrated in Paris and London and the study offers no evidence of a comparative advantage for smaller cities.

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European metropolises in competition for offices: The functional network of cities and real estate market indicators

Cited by 5 publications

References 11 publications

The Geographical Formation of International Management Centres in Europe

The Geographical Formation of International Management Centres in Europe

A World City Paradox — Firms and the Urban Fabric

Growth and Decline of European Cities: Changing Positions of Cities in Europe

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